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Squire provides complete and personalized tax management and planning solutions to meet your needs.

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Squire provides complete and personalized tax management and planning solutions to meet your needs.

U.S. Q3 GDP growth upgraded to 3.9%

U.S. Q3 GDP growth upgraded to 3.9%

The Commerce Department revised upward its estimate of U.S. economic growth in the third quarter to an annualized 3.9% from 3.5%. The upgrade is based on a surprise acceleration in consumer spending and a moderate increase in investment by businesses.
U.S. Q3 GDP growth upgraded to 3.9%

U.S. Q3 GDP growth upgraded to 3.9%

The Commerce Department revised upward its estimate of U.S. economic growth in the third quarter to an annualized 3.9% from 3.5%. The upgrade is based on a surprise acceleration in consumer spending and a moderate increase in investment by businesses.
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Potential tax breaks under fire from White House

Potential tax breaks under fire from White House

A possible congressional deal to extend tax breaks for business and college expenses is “fiscally irresponsible,” according to the Obama administration. Making expiring business breaks permanent while failing to review tax credits for working families is the “wrong approach,” Treasury […]
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Fed minutes reveal growing anxiety over deflation risk

Fed minutes reveal growing anxiety over deflation risk

Newly released Federal Reserve minutes show increasing concern about deflation. “Many participants observed the committee should remain attentive to evidence of a possible downward shift in longer-term inflation expectations,” according to the minutes. “Some of them noted that if such […]
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Industry groups urge Congress to renew tax breaks

Industry groups urge Congress to renew tax breaks

More than 500 industry groups have urged Congress to renew dozens of expired tax breaks, including the R&D credit, breaks for charitable giving, incentives for business expenses and deductions for local and state sales taxes. Failing to bring back these […]
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U.S. consumers more optimistic, spending more

U.S. consumers more optimistic, spending more

U.S. consumer sentiment is up this month, and consumer spending rose in October, boding well for the crucial holiday shopping rush. However, one component of the Thomson Reuters/University of Michigan sentiment index showed inflation expectations falling, posing a challenge for […]
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